1208 Scott St · McKeesport, PA 15132

$29,900

2 bd · 1.0 ba · 406 sqft · SingleFamily public records · 65 Days on market

Built 1925 1,302 sqft lot $74/sqft · 51% below area

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +1.6/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Great investment opportunity! This 1-bedroom, 1-bath home was previously utilized as a rental and offers strong potential for continued income or a low-maintenance personal residence. Convenient location near shopping centers and the hospital adds to its appeal. Features include both front and rear porches for added outdoor living space.

Key facts

• Convenient location
• Outdoor living space
• 1,302 sq ft lot

Tags

• INVESTMENT OPPORTUNITY
• CONVENIENT LOCATION
• OUTDOOR LIVING SPACE

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $507 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($967 rent vs $30k).
• Recommended offer: $28k (6.0% below list) — sets the bar for market timing.
• Cap rate 26.6% vs local median 10.2% in McKeesport — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#1,089 in PA) — a middle-class / working-renter tenant base. Strengths: commute A+, cost of living A+, housing A+; Watch: schools D+, health & safety D, crime F.
• Mckeesport Area SD (suburban): math 11% / reading 28% proficiency, ranked #499 of 539 in PA (top 93%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 115 active listings in the ZIP; lower-income renter base — watch delinquency; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).
• This rent runs 33% of the median local income ($35k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $207 of loan paydown is wiped out by about $897 of value loss. Plan a longer hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $8k cash investment doubles in ~2 years — after that, you're playing with house money.

Negotiation context

• It's been on market 65 days — a 6% lower offer ($28k) is reasonable based on typical stale-listing flexibility.
• 5 sale attempts since 27y ago; this cycle's ask has dropped $5k (15%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $4k; list at $30k implies a 566% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: property tax is 3.5% of price; built in 1925 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $28,106 (6.0% below list)

Questions for the listing agent

1. It's been on market 65 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
7. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 3.24% ✓
• Cap rate: 26.65%
• Cash-on-cash: 72.69%
• DSCR: 4.23
• GRM: 2.6

CMA / ARV

• ARV (median comp): $61,093
• List price: $29,900
• Delta: -51.06%
• Verdict: UNDERPRICED
• Comps: 1 within 2.0 mi

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 72.5%
• Equity multiple: 4.28×
• Total profit: $27,501
• Equity at exit: $4,458

10-year hold

• IRR: 76.3%
• Equity multiple: 8.85×
• Total profit: $65,724
• Equity at exit: $2,585

Cash invested: $8,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 15132

• Home prices YoY: -32.9%
• Active inventory: 115
• Price-to-rent: 2.6×

Monthly cashflow live

• Estimated rent: $967 medium
• Mortgage (P&I): −$157
• Tax from tax record: −$88 /mo · $1,054/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$203
• Net cashflow: $507

Break-even live

Break-even rent $325

Max offer price $29,900

Occupancy floor 43%

Sensitivity live

Price	-10% $524	-5% $516	+0% $507	+5% $499	+10% $490
Rent	-10% $431	-5% $469	+0% $507	+5% $545	+10% $584
Rate	-1.0pp $522	-0.5pp $515	base $507	+0.5pp $499	+1.0pp $492

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,475
• Closing costs: $897
• Reserves months: —
• Total cash needed: —

Listing history 31 events

1. 2026-06-21
   days on market $29,900 Active 65 DOM
2. 2026-06-18
   days on market $29,900 Active 62 DOM
3. 2026-06-17
   days on market $29,900 Active 61 DOM
4. 2026-06-16
   days on market $29,900 Active 60 DOM
5. 2026-06-15
   days on market $29,900 Active 59 DOM
6. 2026-06-13
   days on market $29,900 Active 57 DOM
7. 2026-06-13
   days on market $29,900 Active 56 DOM
8. 2026-06-09
   days on market $29,900 Active 53 DOM
9. 2026-06-08
   days on market $29,900 Active 52 DOM
10. 2026-06-07
    days on market $29,900 Active 51 DOM
11. 2026-06-03
    days on market $29,900 Active 47 DOM
12. 2026-06-02
    days on market $29,900 Active 46 DOM
13. 2026-06-01
    days on market $29,900 Active 45 DOM
14. 2026-05-31
    days on market $29,900 Active 44 DOM
15. 2026-04-17
    listed $35,000 Active 339-char remark

    Show marketing remark (339 chars)

    Great investment opportunity! This 1-bedroom, 1-bath home was previously utilized as a rental and offers strong potential for continued income or a low-maintenance personal residence. Convenient location near shopping centers and the hospital adds to its appeal. Features include both front and rear porches for added outdoor living space.

16. 2026-04-03
    historical Expired 232-char remark

    Show marketing remark (232 chars)

    Welcome to 1208 Scott St! This charming bungalow style home is nestled in close proximity to local hospital and shopping district. Used previously as an investment and short term rental. Additional room could be used as 2nd bedroom

17. 2025-09-03
    price $39,900 232-char remark

    Show marketing remark (232 chars)

    Welcome to 1208 Scott St! This charming bungalow style home is nestled in close proximity to local hospital and shopping district. Used previously as an investment and short term rental. Additional room could be used as 2nd bedroom

18. 2025-07-03
    price $42,499 232-char remark

    Show marketing remark (232 chars)

    Welcome to 1208 Scott St! This charming bungalow style home is nestled in close proximity to local hospital and shopping district. Used previously as an investment and short term rental. Additional room could be used as 2nd bedroom

19. 2025-05-13
    price $49,999 232-char remark

    Show marketing remark (232 chars)

    Welcome to 1208 Scott St! This charming bungalow style home is nestled in close proximity to local hospital and shopping district. Used previously as an investment and short term rental. Additional room could be used as 2nd bedroom

20. 2025-04-04
    listed $53,000 Active 232-char remark

    Show marketing remark (232 chars)

    Welcome to 1208 Scott St! This charming bungalow style home is nestled in close proximity to local hospital and shopping district. Used previously as an investment and short term rental. Additional room could be used as 2nd bedroom

21. 2016-03-25
    historical Expired
22. 2015-09-10
    price $26,000
23. 2015-08-10
    price $28,000
24. 2015-07-01
    listed $32,000 Active
25. 2015-01-09
    price $4,490
26. 2015-01-08
    soldstatus $4,490
27. 2015-01-08
    price $5,990
28. 2014-10-09
    listed $5,990
29. 2000-02-03
    soldstatus $14,900
30. 2000-01-29
    soldstatus $14,900
31. 1999-09-27
    listed $14,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,054 · $88/mo
• Projected year-2 tax: $1,054 · $88/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 5/10 Major 9 unhealthy d/yr today · 11 by 30 yrs out

Taxation est. · year 1

• Rental income: $11,608
• − Mortgage interest: −$1,675
• − Property taxes: −$1,054
• − Insurance: −$150
• − Repairs & maintenance: −$929
• − Management: −$929
• − Depreciation: −$870
• Taxable income: $6,003
• Est. tax owed @ 24.0%: −$1,441
• After-tax cash flow: $4,645/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Mckeesport Area SD
• NCES district ID: 4214940
• Math proficiency: 11% ▼ -9.00%
• Reading proficiency: 28% ▼ -10.00%
• Median HH income: $33,779
• Composite: 15.88/100
• National rank: #9257
• State rank: #499 of 539 in PA

Livability — McKeesport

• Score: 66/100
• State rank: #1089
• US rank: #12321

Category grades

Amenities F Commute A+ Cost of living A+ Crime F Employment F Housing A+ Health & safety D User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: McKeesport, PA
• County: Allegheny County · 1,022,028 people
• City population: 25,010
• Metro: Pittsburgh, PA
• Population (ZIP): 18,898
• Household income: $35,397
• Rent vs Own: 49.0% rent · 51.0% own
• Severe rent burden: 1239.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.62)
• Race & ethnicity: White 50% Black 35% Two or more races 10% Hispanic / Latino 4% Asian 1%
• Common ancestry: Romanian 5% Serbian 2% Scotch-Irish 2%
• Foreign-born: 2% · Canada, China
• Languages at home: 96% English-only · Spanish 3%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -71.01%
• Current HPI: 145.195
• Rent YoY: —
• Metro: Pittsburgh, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+134.9% since first listed

17 events — show timeline

• 2026-04-17 Listed $35,000 West Penn MLS
• 2026-04-03 Delisted — West Penn MLS
• 2025-09-03 Price Changed $39,900 West Penn MLS
• 2025-07-03 Price Changed $42,499 West Penn MLS
• 2025-05-13 Price Changed $49,999 West Penn MLS
• 2025-04-04 Listed $53,000 West Penn MLS
• 2016-03-25 Delisted — West Penn MLS
• 2015-09-10 Price Changed $26,000 West Penn MLS
• 2015-08-10 Price Changed $28,000 West Penn MLS
• 2015-07-01 Listed $32,000 West Penn MLS
• 2015-01-09 Price Changed $4,490 West Penn MLS
• 2015-01-08 Price Changed $5,990 West Penn MLS
• 2015-01-08 Sold (MLS) $4,490 West Penn MLS
• 2014-10-09 Listed $5,990 West Penn MLS
• 2000-02-03 Sold (Public Records) $14,900 Public Records
• 2000-01-29 Sold (MLS) $14,900 West Penn MLS
• 1999-09-27 Listed $14,900 West Penn MLS

Property tax history

+6.2%/yr

Latest (2026): $1,054 · +0.0% YoY. Source: county tax records.